Quote:
Originally Posted by badrunner
No, what you're describing sounds like anarcho-capitalism. What I'm describing is how things actually work in this country - government being leveraged by capital, for capital. This is just the local government equivalent of that. Nothing is preventing someone with the resources from coming in and buying up the whole damn neighborhood if they want, and putting in their own people in local government. It's a free country.
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You can call it whatever you want, but I'm just pointing out that what YOU'RE describing is NOT free market. It is quite literally not free market if the owners of a class of asset can dictate how other owners of the asset class can use their own asset. It is "market fixing" if owners of an asset are dictating policy to manipulate the value of the assets they own.